17082 Emerald Lane, Huntington Beach, CA 92647

$1,875,000

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Sold Price
$1,875,000
List Price
$1,995,000
Closing Date
Sep 29, 2025
Status
CLOSED
MLS#
OC25124136
Year Built
1964
Lot Size
8,036
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
98
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other

Property Description

PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP 4-PLEX! We are pleased to offer for sale this well-located property in the highly desirable rental market of Huntington Beach. This asset provides an excellent unit mix of VERY LARGE units (approx. 950 sq. ft. per unit) of 75% 2 bedroom & 3 bedroom units that have ALL been completely renovated with new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, newer windows and garage doors. There are also A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Three of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing.

Additional Information

Appliances
Gas Range
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$139,560
Operating Expense
35518

Listing courtesy of Listing Agent: Ruben Khorsandi (Ruben@AllianceIRE.com) from Listing Office: Alliance Investment RE Group.

Listing sold by Ruben Khorsandi from Alliance Investment RE Group

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.